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smartcat
Senior Member
Joined: 29/Mar/2007
Location: India
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Posts: 4243
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   Posted: 26/Nov/2007 at 11:27pm |
I can be a Marwari - to get a stake.
But Kulman Ji, let's take your company public first. We can have lots of fun rigging the shares and fleecing the 'investors' - with your help, of course.
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kulman
Senior Member
Joined: 02/Sep/2006
Location: India
Online Status: Offline
Posts: 9319
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Posted: 26/Nov/2007 at 11:34pm |
....We can have lots of fun rigging the shares and fleecing the 'investors' - with your help, of course.
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Hey! I wouldn't ever permit such things if mine were a listed company. Meaning I wouldn't have shared profits from rigging with you.
Edited by kulman - 26/Nov/2007 at 11:53pm
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Life can only be understood backwards—but it must be lived forwards
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omshivaya
Senior Member
Joined: 06/Sep/2006
Location: India
Online Status: Offline
Posts: 5966
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Posted: 26/Nov/2007 at 1:54am |
Originally posted by kulman
........ when TED is taken public
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Hey! When? Where?
I hope BM keeps his promise to make pre-IPO pvt placements with non-Marwaris.
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Oh Yeah, I know he will! His heart is realllllllllllllllllly BIG 
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The most important quality for an investor is temperament,not intellect.A temperament that neither derives great pleasure from being with the crowd nor against it
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deveshkayal
Senior Member
Joined: 04/Sep/2006
Online Status: Offline
Posts: 3903
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Posted: 26/Nov/2007 at 10:22am |
Originally posted by basant
Though I always thought that Agarwals were the more flamboyant expressive types I did not know these fine distinctions between the two sub categories.
Maheshwaris normally spend a little less and are more risk averse in business and life compared to the more stylish Agarwals!
I hope that I do not start a war of words again!!!
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Completely Agree !
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"You don't need to be a rocket scientist. Investing is not a game where the guy with the 160 IQ beat the guy with a 130 IQ. Rationality is essential"- Warren Buffett
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basant
Admin Group
Joined: 01/Jan/2006
Location: India
Online Status: Offline
Posts: 18403
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Posted: 26/Nov/2007 at 10:36am |
Originally posted by kulman
........ when TED is taken public
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Hey! When? Where?
I hope BM keeps his promise to make pre-IPO pvt placements with non-Marwaris.
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Thanks for that advice Kulmanji. BTW do you have George Soros's mobile number? He bought a stake in a fellow Marwari (Maheshwari) company quite recently.
I am sure he is a non Marwari as well  .
Edited by basant - 26/Nov/2007 at 10:39am
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'The Thoughtful Investor: A Journey to Financial Freedom Through Stock Market Investing' - A Book on Equity Investing especially for Indian Investors. Book your copy now: www.thethoughtfulinvestor.in
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kulman
Senior Member
Joined: 02/Sep/2006
Location: India
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Posts: 9319
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Posted: 26/Nov/2007 at 11:38am |
George Soros is of Jewish origin who are considered as the MOST shrewd & astute business people.
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Life can only be understood backwards—but it must be lived forwards
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aloksahi1971
Senior Member
Joined: 20/Aug/2007
Location: India
Online Status: Offline
Posts: 390
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Posted: 27/Nov/2007 at 12:14pm |
Basantji,
Hats off to the entreprenural skill of the Marwaris.They have spread far and wide . But just a coincidense I on avisit to the BISICO and BIADA ( both the state lending houses) have noticed that 60% or more of the NPA is caused by the Marwari community and this is the experiense of most bk managers I meet. May be I meet the wrong people!!!
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omshivaya
Senior Member
Joined: 06/Sep/2006
Location: India
Online Status: Offline
Posts: 5966
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Posted: 27/Nov/2007 at 12:47pm |
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Arre Kulman sir, our Banias and Marwaris can give the Jews a run for their money, any day. Cheers BMs !!
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The most important quality for an investor is temperament,not intellect.A temperament that neither derives great pleasure from being with the crowd nor against it
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